Many oil and gas companies have set more or less ambitious climate goals in the past. But after record profits, more and more companies and governments are now abandoning the idea of leaving fossil fuels in the ground.
By Bernhard Pötter
It is the decisive question for climate action when it comes to the coal phase-out: Will the emission allowances freed up by the coal phase-out be removed from the market? The German Ministry of Economic Affairs wants to remove these allowances from the market. This could cost the German government billions.
By Bernhard Pötter
China plans to restrict the export of technologies for the production of solar systems. The People's Republic is the technological leader in this field. The export stop would deal a severe blow to the West's efforts to build up its own solar industry.
By Nico Beckert
The low efficiency of China's emissions trading impacts Europe's trade policy. By the time the European Carbon Border Adjustment Mechanism (CBAM) is in effect, at the latest, the EU Commission will have to assess the Chinese instrument to define the climate tariff. This is where the poor data situation will become a problem.
By Lukas Knigge
China's emissions trading still has numerous flaws and is no effective climate action instrument. Now the government aims to improve the data collection of corporate emissions. A hard emissions cap and an expansion of emissions trading are not expected before the end of the 2020s.
By Nico Beckert
